ABN AMRO BANK N.V. Stock Bullish Momentum With A 9% Rise At Session Start Today

(VIANEWS) – Shares of ABN AMRO BANK N.V. (AEX-Index: ABN.AS) jumped 9.3% to 15.98 € at 10:09 EST on Wednesday, following the last session’s downward trend. AEX-Index is rising 0.05% to 753.45 €, following the last session’s upward trend. This seems, at the moment, a somewhat bullish trend trading session today.

About ABN AMRO BANK N.V.

ABN AMRO Bank N.V. provides various banking products and services to retail, private, and business clients in the Netherlands and internationally. It operates through three segments: Personal & Business Banking, Wealth Management, and Corporate Banking. The company provides savings and deposits products; labelled residential mortgage products under the Florius brands; and consumer loans under the Alpha Credit Nederland, Credivance, Defam, Moneyou, and ABN AMRO brands. It also issues, promotes, manages, and processes credit cards; provides revolving credit card facilities and pension schemes, as well as consumer credit and mortgages; and life and non-life insurance products. In addition, it offers asset-based solutions, including working capital solutions, equipment leases and loans, and vendor lease services; private banking and wealth-management-related services; and derivatives and equity clearing services. ABN AMRO Bank N.V. was incorporated in 2009 and is headquartered in Amsterdam, the Netherlands.

Earnings Per Share

As for profitability, ABN AMRO BANK N.V. has a trailing twelve months EPS of $2.15.

PE Ratio

ABN AMRO BANK N.V. has a trailing twelve months price to earnings ratio of 7.43. Meaning,
the purchaser of the share is investing $7.43 for every dollar of annual earnings.

Volume

Today’s last reported volume for ABN AMRO BANK N.V. is 7134736 which is 177.11% above its average volume of 2574610.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,

ABN AMRO BANK N.V.’s stock is considered to be overbought (>=80).

More news about ABN AMRO BANK N.V. (ABN.AS).

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